Rex to invest up to $5.4 million in commercial drone company
SINGAPORE (THE BUSINESS TIMES) – Rex International has entered into a subscription agreement to invest up to US$4 million (S$5.4 million) in commercial [...]
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Sydney Airport gets $22.3 billion takeover bid
SYDNEY (BLOOMBERG) – Sydney Airport received a A$22.3 billion (S$22.3 billion) takeover offer from a group including IFM Investors, in one of the [...]
ST Engineering raises bid for Cubic Corp to US$78 per share
SINGAPORE (THE BUSINESS TIMES) – Singapore Technologies Engineering (ST Engineering) has proposed to acquire all of New York-listed Cubic Corporation’s outstanding stock for [...]
Cortina plans to acquire Sincere Watch for $84.5 million
SINGAPORE (THE BUSINESS TIMES) – Mainboard-listed luxury watch retailer Cortina Holdings has proposed to acquire Sincere Watch for $84.5 million in cash, it [...]
Shareholders raise queries over purchase of Thye Hong Centre by Lian Beng unit
SINGAPORE (THE BUSINESS TIMES) – The acquisition of Thye Hong Centre by Lian Beng’s subsidiary SLB Development has raised questions over whether the [...]
LVMH to countersue Tiffany over 'dishonest' acts
PARIS • French luxury giant LVMH accused US jeweller Tiffany of “dishonesty” on Thursday, saying it would do battle in court as plans [...]